Unilever to conduct study into strategic options for its European frozen foods business

Unilever has decided to undertake a study into strategic options for the future of its frozen foods business in Western Europe.

The study will encompass its main brands - Iglo, Findus and BirdsEye - and will cover the 11 Western European countries where Unilever is active in this category. The Frozen Foods business has created considerable value for shareholders for a number of years. It has now been decided to investigate how best to maintain this into the future.